Bloomberg: CLARITY Ethical Proposal or Tax Benefits for Trump
2026-08-07 13:17:31
According to CoinMeta, the latest CLARITY ethical proposal could bring millions of dollars in tax benefits to U.S. President Donald Trump. The proposal requires Trump to divest himself of crypto-related businesses while allowing him to defer capital gains taxes on these sales. Democratic concerns regarding Trump's conflicts of interest with crypto have been a major obstacle to the Market Structure Act, and senators are working to draft an ethical appendix to break this deadlock. Trump's 2025 financial disclosure report showed that he earned $1.4 billion from crypto-related businesses last year.
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Source:Cointelegraph
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